Holders of Pacific Radiance’s SGD 100m ($73.1m) bonds are due to meet later this month to vote on the company’s proposed restructuring of the bonds.
The meeting is due to take place on 24 August just five days ahead of when the bonds, which carry a coupon of 4.3%, are due to mature.
Pacific Radiance plans to hold informal clinic sessions for noteholders on Wednesday and Friday this week from 16:00 to 18:00 at the offices of Dentons Rodyk & Davidson.
